The three Baltic States, together with Finland, Poland, and Germany, should build a green hydrogen corridor by 2040, according to a feasibility study commissioned by the Nordic and Baltic gas transmission system operators, BNS reports. The 2,500-kilometre corridor would transport up to 2.7 million tonnes of hydrogen fuel per year. The corridor could reduce CO2…
US private equity group TPG is in talks to invest in the Lithuanian second-hand fashion platform, Vinted, according to the Financial Times, BNS reports. Under the deal, TPG would acquire several hundred million euros worth of existing shares in Vinted. The deal would value the company at EUR 5bn. Vinted has been working with US…
Some internet domains used by Russia to meddle in the upcoming US presidential elections were purchased using the Lithuanian cryptocurrency payment platform, CoinGate, according to the US Federal Bureau of Investigation (FBI), BNS reports. CoinGate is owned by Vilnius-based Decentralized (former Virtualios Valiutos), which established a subsidiary, CoinGate, in the US in 2021. Some of…
Most Lithuanians favour US Vice President Kamala Harris in the US presidential elections, according to a Norstat poll for 15min, BNS reports. The survey showed that 66% of Lithuanians favoured Harris, while 12% of respondents preferred former president Donald Trump. Another 22% had no opinion or saw no difference between the two candidates for Lithuania….
Doctors now enjoy the highest salaries in Estonia, surpassing IT experts, according to data from recruitment portal CV Keskus, BNS reported. Salaries offered to doctors now stand at an average of EUR 3,650-4,150 per month, followed by sales managers with EUR 1,900-4,000 and IT specialists with EUR 2,900-3,750. Meanwhile, average salary offers for sales specialists…
Lithuania’s Defence Minister, Laurynas Kasciunas, urged NATO allies to form a coalition to fund Ukraine’s defence industry, BNS reports. Lithuania will allocate EUR 10mn to Ukraine for the acquisition of long-range weapons manufactured in Ukraine. Kasciunas urged other countries to do the same, either by transferring the purchased weapons to the Armed Forces of Ukraine…
Estonian President Alar Karis stressed that the state budget must remain under strict parliamentary control, BNS reported. Speaking at the opening of the autumn session of the Estonian parliament, the Riigikogu, Karis said that MPs should not engage in bargaining for budget funds for their supporters, but instead focus on making the most important decisions…
Lithuania will have 15,500 professional military personnel and 50,000 soldiers in the active reserve by 2030 under the Defence Ministry’s new plan, BNS reports. Currently, Lithuania has 13,500 professional soldiers in service. Defence Minister Laurynas Kasciunas said that the Lithuanian Armed Forces (LGP) would form a new infrantry division in phases by 2030. The division…
Estonia’s former president, Kersti Kaljulaid, has decided to run for president of the Estonian Olympic Committee (EOK), BNS reports. Kaljulaid said that 25 EOK members had nominated her to the position. She said that the members had welcomed her ideas about the future of the organisation and Estonian sports. The deadline for candidate nominations is…